Vendor Management – Are You Doing it Right?
September 22, 2022
Does your company view vendor management as just another back-office function to be administered by procurement and accounts payable (AP)?
Read FullUnlock the Hidden Value in Your Back-Office
August 29, 2022
As managers search for areas of opportunity to shore up the bottom line in these economic times, one area of hidden value that is often overlooked is the financial back-office.
Read FullDynamic Discounting: A WIN-WIN Scenario
August 4, 2022
In the unstable economic times we are are currently in Dynamic Discounting provides an efficient way to optimize cash flow in a highly dynamic, real-time environment.
Read FullAre You Ready for a Financial Slowdown?
July 7, 2022
The time is now to drive efficiencies in your back-office operations The signs are all there: supply chain disruptions, increasing interest rates, high levels of inflation and now we are starting to see layoffs in certain companies and industries. An economic slowdown, perhaps even a recession, is here and for those of us who have […]
Read FullCommunicate. Collaborate. Transact.
June 14, 2022
Procurement. Finance. Vendors. Keys to an effective vendor management program. An important part of smooth operating supply chains is onboarding and managing the vendors and suppliers that are key to your organizations success. Once onboarded it is critical that all the key stakeholders from procurement (purchasing), finance (accounts payable) and the vendor (supplier) communicate and […]
Read FullTailor Vendor Portals to Meet Your Needs
May 10, 2022
One size does not fit all, don’t limit your options. Vendor portals are powerful business tools that can address numerous pain points in your current Accounts Payable operations. Vendor portals can provide a platform for vendor self-service that can have immediate financial and human resource impacts on your organization. But beware, not all vendor portals […]
Read FullStep 1 in Onboarding New Vendors
March 31, 2022
A better way to do vendor packets A vendor packet is a collection of forms and documents that a buyer sends to a potential new vendor in order to gather the required information to establish a business relationship. These packets generally include all the necessary information needed to set up a new vendor for payment […]
Read FullDocument & Data Capture – So Many Options
March 22, 2022
It’s not just about OCR Document and data capture has long been one of the most discussed and researched technologies in the financial back-office and accounts payable worlds. In fact, the need to automate the digitization of documents, and the capturing of data from those documents, was the driver of the development of both OCR […]
Read FullVendor Portals Drive Vendor Management
February 22, 2022
Why your organization needs vendor portals Vendor portals (supplier portals) can be a powerful tool in enabling a vendor self-service based vendor management program in your organization. The functionality can provide tremendous benefits to your procurement and purchasing operations as well the finance and accounts payable departments. By leveraging the flexibility of a supplier portal, […]
Read FullVendor Management – Now More than Ever!
January 20, 2022
Why Vendor Management is Important Vendor management has been getting increased exposure among large businesses lately. Some of that can be attributed to the times we are in and the increased focus on those critical suppliers and vendors in your supply chain. Now more than ever it is critical to manage key vendors by insuring […]
Read Full